Disney sells $4 billion of notes in four tranches due 2029 to 2036

Disney's February 10, 2026 prospectus supplement covers a $4.0B senior unsecured bond sale, with settlement expected on or about February 12. The deal has $500M of floating-rate notes and $1.0B of 3.750% notes due 2029, $1.5B of 4.000% notes due 2031 and $1.0B of 4.625% notes due 2036. Net proceeds to Disney were about $3.97B before expenses.

• Total aggregate principal $4.0B across four tranches
• Floating-rate notes due March 14, 2029: $500M at SOFR plus 0.47%
• 3.750% notes due 2029 ($1.0B), 4.000% notes due 2031 ($1.5B), 4.625% notes due 2036 ($1.0B)
• Net proceeds about $3.97B; settlement on or about February 12, 2026